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Investors sold off Disney's stock, but the company is still growing in the right places.
Parks are slowing and the streaming business still isn't profitable, but Disney's (DIS -1.01%) long-term vision is still intact. In this video, Travis Hoium breaks down the results and shows why investors should focus on Disney's long-term strategy rather than short-term results.
*Stock prices used were end-of-day prices of April 7, 2024. The video was published on May 8, 2024.
John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Apple and Walt Disney. The Motley Fool has positions in and recommends Amazon, Apple, Netflix, and Walt Disney. The Motley Fool recommends Comcast. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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